Vouch Insurance, a San Francisco, CA- and Chicago, IL-based platform offering business insurance for startups, raised $45m in Series B funding.
The round was led by Y Combinator Continuity.
The company, which has raised $70 million in financing to date, intends to use the funds to continue to expand nationally.
Founded by Sam Hodges and Travis Hedge, Vouch is an insurance platform for startups, from Business Property and General Liability and Employment Practice Liability to Cyber Coverage policies – backed by Munich Re.
The company works directly with its clients to insure, manage, and avoid risks, rather than brokering their insurance out to legacy carriers. After launching in Utah and Illinois in September 2019, Vouch scaled to six additional markets and plans to offer coverage nationwide by the end of 2020. It has just announced its launch in California.